Page 6
York Group Fails As Bank Talks Collapse
• Trailer builder York Group has become one of the biggest victims to date of the transport recession. The Corby-based group, which employs 800 in the UK, called in the receiver......
York Group 1988 - 91: Buyout To Broke
Summer 1988: Jim Davies Ipictured) and 25 colleagues raise £61m to buy York from industrial giant Bunzl in leveraged buyout. Spring 1989: Davies announces his intention to float......
Hauliers Face £300,000 Eezee Bill
• Up to 400 hauliers were left facing debts of £300,000 when freight clearing house Eezee Euro Services went into liquidation last week. And the liquidator says it is unlikely......
Ban 'forces Detours'
• Operators are being forced to travel up to 80km out of their way to avoid being prosecuted under the London Lorry Ban, according to the Freight Transport Association. The......